Looks like doctors will be dropping out of government healthcare in droves as of today.

Congress just “awarded” physicians who accept Medicare a 21% decrease in reimbursement fees. In effect, their salary decreased by 21% today. This is huge. Say hello to a very large stimulus in a two-tiered cash-based system in the US. There will be doctors who take insurance. But the best doctors will simply refuse to take insurance and Medicare and instead only take cash.

Looks like doctors will be dropping out of government healthcare in droves as of today.